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H3Ko H3Ko
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7 years ago
Which of the following is a true statement regarding the effect of a stock split and stock dividend on total assets or liabilities?
A) Both a stock split and a stock dividend will increase total liabilities.
B) A stock split will increase total assets, but a stock dividend will not.
C) Both a stock split and a stock dividend will decrease total assets.
D) Neither a stock split nor a stock dividend will affect total assets or total liabilities.
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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TanksTanks
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7 years ago
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H3Ko Author
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#2
7 years ago
I just realized you had posted this! Thanks so much
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